AMKBY - SFL Corporation On Auto-Pilot In Our Portfolio
2024-02-01 12:09:53 ET
Summary
- SFL Corporation has seen a 50% total return in the past eight months.
- The company's focus on long-term charters in the maritime shipping industry is a key reason for investment.
- SFL's chartering activities in 2024 include renewing or re-chartering nine containerships.
- We expect SFL to continue to make changes to their fleet portfolio through sales and acquisitions in 2024.
Investment Thesis
It has been eight months since we last shared our view on SFL Corporation ( SFL ) with our regular readers.
The total return in these eight months was 50%
SFL - 50% return in 8 months (SA)
We have been invested in SFL since October 2018 and have added to the position over the years. The main reason for choosing SFL as our prime exposure to the maritime shipping industry is their focus on long-term charters....
SFL Corporation On Auto-Pilot In Our Portfolio